| Product Code: ETC259044 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s carbon and graphite product import shipments in 2024 continued to see significant concentration, with top exporters being China, Poland, Norway (excluding Svalbard and Jan Mayen), Japan, and Metropolitan France. The Herfindahl-Hirschman Index (HHI) remained at a high level, indicating a concentrated market. Despite a strong compound annual growth rate (CAGR) of 23.58% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -16.97%. This data suggests a dynamic and competitive landscape for carbon and graphite product imports in India.

The India carbon and graphite product market is a vital sector of the country`s manufacturing and industrial applications. Carbon and graphite products are used in various industries, including aerospace, automotive, electronics, and metallurgy, due to their unique properties such as high thermal and electrical conductivity and mechanical strength. The market is driven by factors such as industrial growth, technological advancements, and the demand for sustainable and eco-friendly materials. Key players in this market include carbon and graphite product manufacturers, material science companies, and industrial suppliers that cater to diverse industrial needs.
The India carbon and graphite product market is driven by several key factors. Firstly, the increasing application of carbon and graphite products in industries such as steel, electronics, aerospace, and automotive fuels the market`s growth. Carbon and graphite products offer high thermal conductivity, electrical conductivity, and mechanical strength, making them ideal for various industrial applications. Secondly, the rising demand for lithium-ion batteries and the growth of the renewable energy sector drive the demand for graphite electrodes and other graphite products used in battery manufacturing and energy storage systems. Additionally, advancements in carbon and graphite technologies, such as carbon fiber composites and carbon nanotubes, open up new opportunities for the market`s expansion.
The India carbon and graphite product market faces several challenges that impact its growth and competitiveness. Firstly, the availability and pricing of high-quality raw materials for carbon and graphite manufacturing, such as graphite electrodes and carbon fibers, can affect production costs and product pricing. Fluctuations in the prices of these materials can pose challenges for manufacturers. Additionally, the presence of low-cost imports from other countries can lead to price pressures for domestic manufacturers, especially in the context of some specialized carbon and graphite products. The market also faces competition from alternative materials and composites in certain applications, which can limit the adoption of carbon and graphite products. To address these challenges, manufacturers need to focus on efficient sourcing of raw materials, technology upgradation, and product diversification to cater to diverse industry needs and ensure sustained growth in the India carbon and graphite product market.
The India carbon and graphite product market experienced diverse impacts during the Covid-19 pandemic. Carbon and graphite products find applications in various industries, including metallurgy, electronics, and aerospace. The slowdown in industrial activities during lockdowns led to reduced demand from certain sectors, affecting the market. However, the increased adoption of electric vehicles and renewable energy technologies drove the demand for graphite in battery applications. Additionally, the demand for personal protective equipment (PPE) during the pandemic led to an increase in the use of carbon-based materials for masks and other protective gear. The market`s resilience and versatility in adapting to changing industry demands played a crucial role in mitigating the pandemic`s impact.
The India carbon and graphite product market is catered to by manufacturers and suppliers of carbon and graphite-based products used in various industrial applications. Some prominent players in this sector include Graphite India Limited, HEG Limited, Carbon Products (India) Limited, and SGL Carbon India Pvt. Ltd. These companies offer a wide range of products, including graphite electrodes, carbon brushes, and carbon seals, serving industries such as steel, metallurgy, and electronics. Their focus on product quality, research and development, and technological expertise has made them key players in the carbon and graphite product market in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Carbon And Graphite Product Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Carbon And Graphite Product Market Revenues & Volume, 2021 & 2031F |
3.3 India Carbon And Graphite Product Market - Industry Life Cycle |
3.4 India Carbon And Graphite Product Market - Porter's Five Forces |
3.5 India Carbon And Graphite Product Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Carbon And Graphite Product Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.7 India Carbon And Graphite Product Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Carbon And Graphite Product Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in various industries |
4.2.2 Growth in the automotive and aerospace sectors driving the need for carbon and graphite products |
4.2.3 Advancements in technology leading to the development of new applications for carbon and graphite products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Environmental regulations and concerns regarding the manufacturing processes of carbon and graphite products |
4.3.3 Competition from alternative materials such as fiberglass and composites |
5 India Carbon And Graphite Product Market Trends |
6 India Carbon And Graphite Product Market, By Types |
6.1 India Carbon And Graphite Product Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Carbon And Graphite Product Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Carbon And Graphite Product Market Revenues & Volume, By Carbon and Graphite Electrodes, 2021-2031F |
6.1.4 India Carbon And Graphite Product Market Revenues & Volume, By Carbon and Graphite Fibers, 2021-2031F |
6.1.5 India Carbon And Graphite Product Market Revenues & Volume, By Carbon and Graphite Powder, 2021-2031F |
6.1.6 India Carbon And Graphite Product Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Carbon And Graphite Product Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 India Carbon And Graphite Product Market Revenues & Volume, By Industrial Applications, 2021-2031F |
6.2.3 India Carbon And Graphite Product Market Revenues & Volume, By Aerospace Applications, 2021-2031F |
6.2.4 India Carbon And Graphite Product Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Carbon And Graphite Product Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Carbon And Graphite Product Market Revenues & Volume, By Logistics, 2021-2031F |
6.3.3 India Carbon And Graphite Product Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.4 India Carbon And Graphite Product Market Revenues & Volume, By Food and Beverages, 2021-2031F |
6.3.5 India Carbon And Graphite Product Market Revenues & Volume, By Others, 2021-2031F |
7 India Carbon And Graphite Product Market Import-Export Trade Statistics |
7.1 India Carbon And Graphite Product Market Export to Major Countries |
7.2 India Carbon And Graphite Product Market Imports from Major Countries |
8 India Carbon And Graphite Product Market Key Performance Indicators |
8.1 Average selling price of carbon and graphite products |
8.2 Research and development investment in new product development |
8.3 Adoption rate of carbon and graphite products in emerging industries |
9 India Carbon And Graphite Product Market - Opportunity Assessment |
9.1 India Carbon And Graphite Product Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Carbon And Graphite Product Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.3 India Carbon And Graphite Product Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Carbon And Graphite Product Market - Competitive Landscape |
10.1 India Carbon And Graphite Product Market Revenue Share, By Companies, 2024 |
10.2 India Carbon And Graphite Product Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |